Short Interest in Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) Drops By 99.5%

Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) saw a large decline in short interest during the month of August. As of August 15th, there was short interest totaling 100 shares, adeclineof99.5% from the July 31st total of 21,900 shares. Based on an average daily volume of 192,900 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 192,900 shares, the days-to-cover ratio is currently 0.0 days.

Porsche Automobil Trading Down 1.5%

Shares of OTCMKTS:POAHY opened at $4.15 on Wednesday. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.19. Porsche Automobil has a twelve month low of $3.30 and a twelve month high of $4.71. The company has a 50-day moving average price of $4.08 and a two-hundred day moving average price of $3.98.

Analyst Ratings Changes

A number of equities research analysts have weighed in on POAHY shares. Barclays raised shares of Porsche Automobil from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 6th. Kepler Capital Markets downgraded shares of Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 15th. One analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Porsche Automobil has a consensus rating of “Hold”.

About Porsche Automobil

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.